Episode Transcript
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Speaker 1 (00:00):
America is out of point right now where they're watching
on podcasts and shows and future media companies. I cannot
tell you how many people were approached by on different
media companies. Hey, we'd like to do this, we'd like
to do that, we'd like to do this. Right everybody
is having conversations right now in the media space. Rob,
if you can go to the previous story, go back, No,
(00:22):
you're right there. No, no go back where you write,
go back to one page. The stories go back one page.
Speaker 2 (00:26):
Rop.
Speaker 1 (00:26):
Yeah, so look at the top one that says who
thinks the free press is worth the quart of a
billion dollars? So Barry Wise okay, goes out there sitting
down with David Ellison. Click on the story, Rob, if
you could CBS News, So who thinks the free press
is worth the court of a billion dollars? Now, Barry
Wis has done some great interviews, and I think she
was part of Twitter files if I'm not mistaken, And
(00:48):
then she did a bunch of different things. Speaker Johnson
interview a bunch of them, Rob, if you can go
a little bit lowder to read the story. So they're
at a point that they're saying, we think our company
is worth a quart of a billion dollars. Right And
nineteen sixty nine NBC cancel TV series Star Trek. Fifty
six years later the franchise thirteen movies. How is this
going to the Barry White story? Go a little bit lower, Rob,
(01:09):
to make sure, okay, there is what shape or advisory
role ultimately takes it still up for grabs, but her
reported asking price is a two hundred and fifty dollars
payday for her new site, The Free Press, which changed
its name from Common Sense and which entirely bypassed a
descriptive title like no old rich white Guy. After further review,
(01:31):
it turns out you were right all along. That's what
she's asking for. She can ask for that, no problem, right, Sager, Rob.
If you can go to the clip that they have,
and these guys have done a great job, the two
of them. Politically they disagree. I've been on their show
before when we talked about Bernie Sanders six years ago.
I think I was on there one time. We had
a conversation about Capitlis and she was a Bernie supporter
(01:54):
at the time. Here's what he has to say about
the ask of a quarter of a billion dollars go forward.
Speaker 2 (02:00):
And my point, the reason Tim Dillon's sketch hits so
hard is because he's right. The whole value comes from
her willingness. Yeah, to put it an intellectual she it's
in absolute monstrosities. Yeah, that's what it is.
Speaker 3 (02:13):
It's in writing the Dylan Buyers. Who's again, I know
this may seem tedious, but this is important for all
you guys to understand that there are people like us.
You know, they're all listen. Tim Pool's not out there
asking for quarter billion dollars, all right, and he gets
fifteen times the number of views, He has more reviews
than we do, PbD, any of these other None of
these folks are out there. You can think whatever you
want about them, but you know they're running their own
(02:34):
businesses and they're not out there trying to be bought
for billions and billions or whatever. And the point though,
in the Barry Weiss case is that it is entirely
an intellectual sheene on pro Israel and pro Zionism. If
you read about it, David Ellison and others are genuinely
only want to buy the Free Press to support Israel.
Speaker 1 (02:56):
That's it.
Speaker 3 (02:56):
They want to support and put what's her name, Barry
on the CBS news board as an armed budsman.
Speaker 2 (03:05):
Yeah, so she's going to fill the role as the
TikTok yes for the same thing.
Speaker 3 (03:11):
But do you know why this is crazy?
Speaker 1 (03:14):
I have my thoughts on this bout time. I'm gonna
go to go to first. So Barry wise quart of
a billion, that's her ask, that's what she think the
companies word. He's saying this could be another leg to
help out PROSI and as pro Israel. What are your
thoughts about this breakdown of what he had to say.
Speaker 4 (03:29):
First of all, I'm reacting the same as Sagreras. I'm
kind of stunned. I'm like, are you kidding me?
Speaker 3 (03:36):
So?
Speaker 4 (03:36):
But we saw sky Dance jump around billion dollar increments,
jumping around on the acquisition of Paramount, and you know,
Russia interfered with the election. Now we have a new
one that is Trump paid a bribe or Trump was
paid a bribe in the form of the CBS settlement
(03:57):
so that the merger would go through, and that he
fired Stephen Colbert.
Speaker 1 (04:03):
He didn't like him.
Speaker 4 (04:04):
No, Stephen Colbert got fired because CBS and Paramount finally
came to the census and said it doesn't work. Nobody's watching,
and this is freaking expensive, and the contract's up and
we're merging and we're looking for profits. You know what,
that one's gone. He's got to go. But guess what
and denial they do that? Now you circle all that around.
Why am I bringing that up? It's because the value
(04:25):
that was being paid there, a quarter of a billion
dollars is not much more. And if they're really looking
to place her, like buy the whole thing and then
place her into CBS News, they're trying to reach in
the to the bloggers which have become podcasters, which have
become very influential, and they're trying to put one of
(04:48):
those in CBS to bolster it. Remember, what they're trying
to do is avoid the ongoing decline of CBS News.
And so what do they do, Hey, what if we
buy one of these companies PbD, What if we plug
it into CBS News? Will everybody come watch? Because now
we have one of the popular conservative people here and
(05:08):
I see what's going on there and the other side,
I think sagris onto something. Does somebody also say well,
and this also could be an opportunity to put a
pro Israel voice on CBS News, which has been leaning
in favor of Palestinian protests and supporting Palestinian protests and
not talking about the risk of students. And now the
(05:29):
entire IVY League except Dartmouth is under investigation by the
Trump administration for those kind of anti Semitic not anti
Semitic by the administration, but allowing anti Semitic things to
be happening on campus and not stepping in to protect
students and protect Jewish people and protect Jewish speakers professors there.
(05:51):
So that's what I see CBS News plugging this in.
Speaker 5 (05:55):
They get a little Israel out of it, the little
podcast out of it, does David Ellison ALTI timately paid
two hundred and fifty million dollars for it. And Sager's right,
this podcast and others running businesses and we think we
do the best job.
Speaker 1 (06:09):
Yeah, so that was your point. Yeah, Oh you're done, Okay,
got it? Okay. So you know, on a story like this,
I looked at huff Poll. When Ariana Huffington sold huff Poll.
What she sold it for she sold it to AOL
years ago. Their top line revenue was around sixty million
dollars they sold over five times revenue. They sold for
(06:30):
three hundred and fifteen million dollars. They sold ten times earnings. Okay,
but five times revenue, So you're doing six sixty million
ere AOL came in and said I'll pay three hundred
and fifty million dollars. They picked up huff Poll. The
companies dropped. They don't have the same amount of revenue.
They're about to lay off a bunch of different editors
right now. They announced in January twenty twenty five it
would cut about thirty editorial roles representing twenty two percent
(06:53):
the newsroom, which means twenty two percent means one fifth.
That means they have one hundred and fifty people. A
fifth is being fired. Say you know thirty is going
to be fired. They're letting go. So Hofpost's not getting
the same amount of viewership they used to get back
in the days in two towns back in two thousand
and eight nine, ten Hoffpole was like the place to be.
It was, it was, it was doing great. I think
I sat down with her right after she sold the business.
(07:14):
We had a great conversation together, and I even think
she ran for governor one time, going up against Arnold.
I even think she debated Arnold one time for governor race.
If I'm not mistake, can you verify that I may
be fully wronged? And I'm thinking about somebody else? But
did she ever No, I don't know if she ran.
Did she ever know? Did she run for her?
Speaker 3 (07:32):
No?
Speaker 1 (07:32):
That was somebody else. I think that ran. But let
me see here did she divisitinonal conversations? Who was the
person that he debated? That was a media space? I
don't know if it was her, It could have been
somebody else. But the point is free press today? What
is free presses top line revenue?
Speaker 3 (07:46):
Tom?
Speaker 1 (07:46):
Do we know?
Speaker 4 (07:47):
I've not seen what I would call this reliable?
Speaker 1 (07:50):
So top line revenue. Let's see where it's at right now?
What is free presses top line revenue? Can you see that?
So free press is reported total revenue? Are you joking? Oh? Man?
So if they got a six million dollar revenue and
somebody pays five times revenue, it's a thirty million dollar business,
(08:10):
not a two hundred and fifty million dollar business. So
if we use comparisons, like you know, how you sell
on the house, you say, comp if my house is
worth two million dollars why because next door neighbors one
hundred square feet smaller than mine. And that's so for
one point nine million, I believe I'm a two million
dollar business. Okay, cool, you can do the math. Yeah,
But if Huff Poe was sold at a quarter of
a billion dollars, at a sixty million dollar revenue, one
(08:34):
tenth of free press, they're worth at best thirty thirty
million dollars. At best is what they're worth. It's thirty
million dollars. But, by the way, guess what I don't
I'm not upset after asking for a quarter of a
billion dollars. If somebody is willing to pay quarter of
billion dollars, guess what good payday for her? She went
up a made her two hundred fifty million dollars. Whatever
(08:54):
the numbers are that other people pick up, we don't
have a problem with that. But the point of where
I'm going with this, we will from the story of
Epstein to the story of and by the way, the
people that are forcing the Epstein story to be in there,
it's actually not mainstream media, believe it or not. The
people that are making Epstein story stay there is who podcasters.
Podcasters are now becoming like, give me a break. Can
(09:15):
you guys stop talking about it? Why are you talking
about this? Then it goes to Russia. Then it goes
to Cuomo, who was one of the faces, saying I
was wrong. We don't know what it is. Maybe we'll
invite him, and I'm on the podcast of have a
conversation with that. I'm sure something's going to get scheduled
here twelve a month and play the clip opening and
saying what were you wrong about? And then you go
to Barry Weiss court of a billion dollars Zagre saying
(09:36):
I don't know if it's good or not. Who knows
what's going to happen there? And this leads me to
the next one. I got a call. I won't disclose
the name until the story comes out because I'm trying
to see if this is going to be a hit
piece or not. I got a call from a very
well known New York Times person that she wanted a
conversation with me. When we came down. We ended up
(09:56):
having a three hour conversation about a lit different things.
And I sat there and she says, I'm going to
be recording this conversation. I said, I'm also going to
be recording the conversation, no problem. So everything we talked
about was all recorded that I have everything. And we
talked about industry. What do you think about this company?
What do you think about that company? What do you
(10:17):
think about this company? What do you think about that company?
Back and forth. I was told right off the bat,
everybody told me to not meet with you. I told her,
I she'll probably say this herself. I probably told her
that ten times that everybody told me not to meet
with you. I said, they told me it's not a
good idea. They said to shan Away, they said you're
the worst. They said you go after people. They say
(10:38):
you don't tell the truth. They say you lie, they
say you exaggerate. How could you just who said that us?
I'm not going to give you a single name, But
all I'm telling is people that I trust, that I
have a relationship with, they don't trust you. But I'm
willing to sit down with everybody and have a very
basic room. You'll always have access to me if you're
respectful to me. The moment you you know, exaggerate and
misrepresent what I said, you'll never get a hold of me.
(10:59):
It's very simple. How I work. If I can't get
a hold of you and we have a relationship together,
and then you want me to be accessible to you,
I'll always be accessible to accessible to you. The moment
you take that for granted, we don't need a relationship.
I'm moving on and going to a different place. And
this applies to people in the media space because the
media people will talk to each other, but for whatever reason,
it is very nasty and ugly in this space. It's
(11:20):
so ugly and nasty in a very different way because
everyone's like, well, that guy's podcast is thrown down, and
this guy's podcast is this, and that guy's stream is
and that guy everyone's talking like that summer is here.
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(12:02):
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